Parker-Hannifin (NYSE:PH) Updates FY 2026 Earnings Guidance

Parker-Hannifin (NYSE:PH) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 30.400-31.000 for the period, compared to the consensus EPS estimate of 30.360. The company issued revenue guidance of $20.9 billion-$21.3 billion, compared to the consensus revenue estimate of $21.1 billion.

Parker-Hannifin Stock Performance

Shares of PH stock opened at $949.49 on Friday. The company has a market cap of $119.81 billion, a P/E ratio of 33.83, a PEG ratio of 3.19 and a beta of 1.25. The firm has a fifty day moving average price of $895.47 and a 200 day moving average price of $804.72. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.54. Parker-Hannifin has a 12 month low of $488.45 and a 12 month high of $965.00.

Parker-Hannifin (NYSE:PH) last announced its quarterly earnings results on Thursday, January 29th. The industrial products company reported $7.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.11 by $0.54. The company had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $5.07 billion. Parker-Hannifin had a return on equity of 27.23% and a net margin of 18.17%. Sell-side analysts predict that Parker-Hannifin will post 26.71 earnings per share for the current fiscal year.

Parker-Hannifin Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Friday, February 6th will be issued a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, February 6th. Parker-Hannifin’s dividend payout ratio is 25.65%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on PH shares. Wells Fargo & Company raised their price objective on shares of Parker-Hannifin from $925.00 to $1,000.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. KeyCorp reaffirmed an “overweight” rating on shares of Parker-Hannifin in a research report on Friday. Truist Financial boosted their price target on shares of Parker-Hannifin from $977.00 to $1,097.00 and gave the company a “buy” rating in a research report on Thursday, December 18th. Robert W. Baird raised their price objective on Parker-Hannifin from $930.00 to $960.00 and gave the stock an “outperform” rating in a report on Wednesday, November 12th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Parker-Hannifin in a research report on Thursday. Seventeen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $956.05.

Insider Activity

In other news, VP Berend Bracht sold 3,507 shares of the stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $864.58, for a total transaction of $3,032,082.06. Following the completion of the sale, the vice president owned 2,580 shares in the company, valued at approximately $2,230,616.40. This represents a 57.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Andrew D. Ross sold 2,488 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $894.81, for a total value of $2,226,287.28. Following the completion of the transaction, the chief operating officer owned 13,120 shares in the company, valued at $11,739,907.20. This trade represents a 15.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 7,432 shares of company stock valued at $6,484,116. Insiders own 0.32% of the company’s stock.

Parker-Hannifin News Summary

Here are the key news stories impacting Parker-Hannifin this week:

• Positive Sentiment: Q2 beat on both EPS and sales — adjusted EPS of $7.65 (beat consensus ~$7.11) and revenue of $5.17B (vs. ~$5.07B); organic sales +6.6% and record quarterly sales, supporting improved operating leverage. Parker Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Company raised full‑year fiscal 2026 guidance — EPS $30.40–31.00 (slightly above consensus) and revenues $20.9B–$21.3B; management cited sustained aerospace momentum as a driver. Parker-Hannifin raises annual profit forecast on aerospace parts demand
• Positive Sentiment: Margin expansion and aerospace demand highlighted as durable contributors to growth and profitability — management emphasized margin improvement led by pricing, productivity and mix. Parker Hannifin Raises Outlook On Aerospace Momentum
• Neutral Sentiment: Analyst activity is mixed — Stifel lifted its price target to $941 (from $869) but kept a Hold rating, reflecting some skepticism despite the strong run-up. Stifel Revises Parker-Hannifin (PH) Outlook in Diversified Industrials Review
• Neutral Sentiment: Full earnings materials (call transcript, slide deck) are available for deeper review — useful for confirming sustainability of aerospace trends and margin drivers. Parker-Hannifin Corporation (PH) Q2 2026 Earnings Call Transcript
• Negative Sentiment: GAAP net income fell year-over-year (about an 11% decline) due to a one‑time divestiture gain in the prior-year period — investors should focus on adjusted results but note the headline volatility. Parker Reports Fiscal 2026 Second Quarter Results

Institutional Trading of Parker-Hannifin

Several hedge funds have recently modified their holdings of PH. Sivia Capital Partners LLC increased its holdings in Parker-Hannifin by 3.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 430 shares of the industrial products company’s stock valued at $300,000 after acquiring an additional 15 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Parker-Hannifin by 0.5% during the 1st quarter. Empowered Funds LLC now owns 2,894 shares of the industrial products company’s stock worth $1,759,000 after purchasing an additional 15 shares in the last quarter. Centaurus Financial Inc. increased its stake in shares of Parker-Hannifin by 1.5% during the 3rd quarter. Centaurus Financial Inc. now owns 1,061 shares of the industrial products company’s stock worth $804,000 after purchasing an additional 16 shares in the last quarter. First Foundation Advisors raised its position in shares of Parker-Hannifin by 1.7% during the 3rd quarter. First Foundation Advisors now owns 1,171 shares of the industrial products company’s stock worth $888,000 after purchasing an additional 20 shares during the last quarter. Finally, Johnson Financial Group Inc. lifted its stake in Parker-Hannifin by 84.6% in the 3rd quarter. Johnson Financial Group Inc. now owns 48 shares of the industrial products company’s stock valued at $36,000 after buying an additional 22 shares in the last quarter. 82.44% of the stock is owned by institutional investors and hedge funds.

About Parker-Hannifin

Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.

Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.